Real GDP at Constant National Prices for Argentina
RGDPNAARA666NRUG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
975,569.00
Year-over-Year Change
11.27%
Date Range
1/1/1950 - 1/1/2019
Summary
The Real GDP at Constant National Prices for Argentina is a key indicator of the country's economic growth and overall economic performance. It measures the total inflation-adjusted value of all goods and services produced within Argentina's borders.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This GDP-based metric provides a comprehensive view of Argentina's economic activity. It is widely used by economists, policymakers, and analysts to assess the health and trajectory of the Argentine economy over time.
Methodology
The data is collected and calculated by the World Bank using national accounts data.
Historical Context
Trends in Argentina's real GDP are closely monitored for their implications on employment, inflation, international trade, and other critical aspects of the economy.
Key Facts
- Argentina's real GDP reached a peak in 2011.
- The COVID-19 pandemic caused a significant contraction in Argentina's real GDP in 2020.
- Real GDP is a more accurate measure of economic activity than nominal GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total inflation-adjusted value of all goods and services produced within Argentina's borders, providing a comprehensive view of the country's economic activity and growth.
Q: Why is this trend relevant for users or analysts?
A: Trends in Argentina's real GDP are closely watched by economists, policymakers, and analysts as they indicate the overall health and trajectory of the Argentine economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank using national accounts data.
Q: How is this trend used in economic policy?
A: Movements in Argentina's real GDP are closely monitored for their implications on employment, inflation, international trade, and other critical aspects of the economy, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the availability and timeliness of national accounts information provided by the Argentine government.
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Citation
U.S. Federal Reserve, Real GDP at Constant National Prices for Argentina (RGDPNAARA666NRUG), retrieved from FRED.